Profitable Restaurant & Bar in Iredell County – Fantastic Opportunity!

Mooresville, NC (Iredell County)

Seller Financing Available
Profitable Restaurant & Bar in Iredell County – Fantastic Opportunity!
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $735,160

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,300 /Month

Established: 2018

Profitable Restaurant & Bar in Iredell County – Fantastic Opportunity!

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Business Description

Serving breakfast and lunch to area residents since February 2018, this established, well run, turn key restaurant & bar is a fantastic opportunity to own and operate a full-service restaurant in a fast growing market. The small-town appeal and exceptional food and service make this restaurant exceptional in the area.

Business has proven to be consistent, with about 50 regular family patrons, and serves an average of about 250 people per day. Serving quality, fresh-made food, this restaurant boasts a more upscale clientele and caters to special needs food service.

Located in South Iredell County in the Lake Norman area, there is great potential to grow and expand this business. Do not miss the opportunity to own this restaurant – inquire today!

Detailed Information

Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
25
Facilities:
This business is located in a down-town area, in a building with 3,000 sf of space.
Competition:
With 2 main competitors in the immediate area, this business competes on the basis of better quality, fresh-made food, more upscale clientele, and caters to special needs food preparation (serves glutton-free foods).
Growth & Expansion:
The potential growth of this restaurant is limited only to the skill and management of a new owner. This business is located in one of the fastest growing markets in the USA.
Financing:
Seller will consider some financing to the right, qualified buyer.
Support & Training:
The franchise has a 10-week training period for all new owners.
Reason for Selling:
This is a 2nd location for the seller, and owning this location is too consuming
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Joe Vagnone

Business Listed By:
Joe Vagnone

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

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